Dubai’s index fell 3.6 per cent by Wednesday’s close to a 10-week low of 3,408 points.
The first phase of the network that is currently under testing is scheduled to begin operations soon, an official said.
He declined to elaborate on the reasons for Qatar sticking to its peg.
The company has an exclusive licence to carry out a geological survey of the Mediterranee Ouestarea, which comprises 3,433 sqkm.
There has been a direct correlation between the drop in oil price and applicants registering to buy residential property, according to Christie’s real estate arm.
The Central Park Residential Tower in DIFC consists of 426 apartments.
Police sources in Iraq said the victims were civilians who died in an explosion from a truck trailer.
Around 41 per cent of social media users in the Arab world preferred to communicate via WhatsApp, a report says.
The exchange, which currently trades gold futures, said last year that the spot contract was expected to be for 1 kilogramme (32 troy ounces) of 0.995 purity gold.
Speaking in Washington, he said discussions with US authorities had been “very constructive”.
The administration asked U.S. airline representatives about 20 questions in writing last week about their method in determining the subsidy allegations.
Hogan said few young companies have operated as transparently as Etihad, which is little more than a decade old.
The transaction will have a spread of 200 basis points over midswaps, a document showed.
All oil sales in Libya needed to be routed through a state oil firm based in the east.
Emirates airline’s Tim Clark said that some figures in the report are factually wrong and that the airline will set the record straight.
The contracts that cover 2015 will see Kuwaiti jet fuel flow through the BP system to Dubai and several European Airports, KPC said.
Takween in December agreed to buy the packaging unit of Savola, the region’s largest food firm for SAR910 million.
Three U.S. airlines have accused their GCC competitors of receiving more than $40 billion in government subsidies, a charge which the latter deny.
The new service, called Careem Morocco, will begin services on March 26 in Rabat and Casablanca.
The facility will be used to fund general operations of the bank.
The two parties differed over the percentage of completed units that Arabtec should deliver to Egypt in lieu of payment for land used in the project.
The partnership will enable the airline to tailor its services and marketing to specific travellers.
BBK has returned to the market in its first debt issue since 2010 to refinance an existing $500 million bond maturing in October.
The country is currently focussing on operating rail services for the cargo sector, a senior official has said.
Increased competition in the UAE’s telecoms sector will help make services more affordable for new companies.
The total cost of the project, known as Rabigh Phase II, is now estimated at SAR30 billion.
Investor meetings will start in Singapore on Thursday, before moving to Kuala Lumpur on Friday, the United Arab Emirates on Sunday and London on Monday.
The deals, made through its U.S. based property arm, bring the fund’s total purchases of properties in the country in the last 12 months to over $850 million, it said in a statement.
The company had announced last November that it planned to list on the Dubai Financial Market during the first quarter of 2015.
As part of economic reforms, the government is working on changing the tax system to diversify sources of state income and increase its non-oil revenues, the state news agency said.